After Hedera (HBAR) soared on the price charts, BlackRock denied its involvement. Meanwhile, BlockDAG (BDAG) and KangaMoon (KANG) are making waves in the altcoin space. BDAG has raised $20.5M in its presale, while KANG has announced a new partnership with RiotSharks. 

Some analysts hint that KANG, which is now in Stage 5 of its presale, may become the next $1 altcoin in 2024. 

BlackRock Claims No Ties to Hedera (HBAR)

Recently, Hedera (HBAR) was climbing up the altcoin list. Over the past week, the Hedera coin value increased from $0.082 to $0.11. Its market cap also rose from $2.97B to $4.05B in that time. This came after the bullish Hedera news started circulating that BlackRock has tokenized the ICS Treasury Fund on Hedera. 

However, Archax CEO Graham Rodford clarified the rumors and said they tokenized the fund on the Hedera blockchain, not BlackRock. Although they knew it, BlackRock did not participate in the tokenization process. Nevertheless, 29 technical indicators for the Hedera crypto are still in the green. Thus, experts predict a rise to $0.14 within Q2 of 2024. 

BlockDAG (BDAG) Presale Raises $20.5M

Meanwhile, BlockDAG (BDAG) is performing well in its presale, having raised over $20.5M. BlockDAG will be a Layer-1 blockchain combining the Proof-of-Work (PoW) consensus with Directed Acyclic Graph (DAG) technology. This method is more decentralized than most traditional blockchain systems.

The BlockDAG coin is currently worth $0.006, a 500% rise from its starting price of $0.001. Not only that, it has sold over 8.1M tokens. Therefore, BlockDAG may be one of the altcoins to watch. 

KangaMoon (KANG) Announces RiotSharks Partnership

Another altcoin making a name for itself is KangaMoon (KANG). This rising presale star has already raised over $5.8M and could hit $6M before April 2024 ends. Additionally, there are now over 20,000 registered community members and 5,800 KANG holders—a stellar presale performance so far. 

This number is bound to increase as KangaMoon recently announced a new partnership with RiotSharks. With this partnership, users will experience thrilling raids and a $1,000 monthly reward pool. 

Unlike most altcoins, KANG will differentiate itself by having ties to the P2E gaming sector, which is projected to reach $885M by 2028. It will serve as the in-game currency for KangaMoon's upcoming P2E game. With KANG, you can buy in-game items and upgrade your characters. 

Not only that, but KangaMoon is now offering free KANG tokens for the most active community members. Thus, people are starting to like and share KangaMoon's social media posts. Currently, one KANG costs just $0.0196 in Stage 5 of its presale—a 290% rise from its starting price. But market analysts predict a jump to $1 once a Tier-1 CEX lists this altcoin in Q2 2024. 

What Gives KangaMoon an Advantage Over Hedera and BlockDAG?

What makes KangaMoon unique from Hedera and BlockDAG is its market cap of $19.6M. This means that KANG needs less new money pumped into it before its price shoots up. Therefore, KangaMoon is an altcoin with much more room for growth than similar projects. If you want one of the best altcoins to buy, sign up for its presale now and get a 10% bonus. 

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

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